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1108 Salado Drive
About This Property
From the moment you enter, custom millwork, elegant doorway and entry trim, crown molding, plantation shutters, beautiful hardwood floors, and refined details create a warm yet sophisticated atmosphere. The gourmet kitchen is the heart of the home, featuring richly crafted cabinetry, gorgeous granite countertops, generous workspace, and a functional layout perfect for everyday living and entertaining.
The backyard is a true private resort-style oasis. Enjoy a sparkling pool with cascading waterfalls and elegant torches that create a spectacular evening ambiance. Mature trees provide shade and privacy, while the outdoor dining area, charming swing, and beautiful landscaping offer the perfect setting for relaxing and entertaining.
Living in Twin Creeks means enjoying one of Allen's premier master-planned communities, with exceptional amenities including community pools, tennis courts, playgrounds, scenic parks, and miles of walking and biking trails. Golf enthusiasts will appreciate the nearby Twin Creeks Golf Club, offering a championship course and clubhouse with memberships available separately.
Combining Huntington Homes craftsmanship, resort-style outdoor living, outstanding Twin Creeks amenities, and acclaimed Allen ISD, this distinctive home offers an exceptional Allen lifestyle. Plus, the seller is offering a $5,000 concession with a good and acceptable offer!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2026 | Price Decreased |
$740,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jul 11, 2026 | Listed by Weichert Realtors/Property Partners | $750,000 | |
| Listed by Weichert Realtors/Property Partners | |||
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Oct 28, 2024 | In contract | - | |
| In contract | |||
| Oct 16, 2024 | Price Decreased |
$729,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017